^^ Ed Zachary
So what do you do? Just mine the creek until it's played out. No other deposits to mine? Then sell your shovel and pan. Get out. Either that or spend more money on heavy equipment (aka, ASIC or FPGA) and compete on the big boy level.
So what do you do? Just mine the creek until it's played out. No other deposits to mine? Then sell your shovel and pan. Get out. Either that or spend more money on heavy equipment (aka, ASIC or FPGA) and compete on the big boy level.
Well, I'm not yet worried. My gear is paid off and hashing away making me a nice profit.
The news just came as a disappointment to me (I'm talking crypto in general) correlated with the fact that the zec dev or whatever he is (the zoo guy) said they didn't actually mean to keep the asics away if and when they showed up as they originally promoted and lead people to buy gpu's for this purpose.
They I remembered they take 20% of what everybody makes. Maybe it's just me but this is in your face robbery.
If they don't fork it will be obvious they have some kind of deal worked out behind closed doors.
Even if zec forks, I'm almost certain that in the near future Bitmain plans to have it's own version of the top 10 mineable coins.
It's just good business. I think Jihan is damn proud of what he accomplished so far
